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(MargoFin) Margo Fin complete technical analysis [charts+indicators] | Buy/Sell Margo Fin | (MargoFin) share price targets

Complete technical analysis of Margo Fin (MargoFin) by charts plus indicators, forecast predictions and share price targets for Margo Fin (MargoFin)

Showing technical analysis as on 2024-06-24 View latest technical analysis

10 day averaged volume of Margo Fin is 8460

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	55.90	56.23	56.23	53.42	0.082 times
21 Fri Jun 2024	55.90	56.23	56.23	53.42	0.082 times
20 Thu Jun 2024	56.23	56.23	56.23	56.23	0.069 times
19 Wed Jun 2024	59.18	59.16	61.09	59.16	2.738 times
18 Tue Jun 2024	62.27	62.30	62.32	59.35	4.294 times
14 Fri Jun 2024	53.97	53.97	53.97	53.97	0.589 times
13 Thu Jun 2024	53.97	53.97	53.97	53.97	0.589 times
12 Wed Jun 2024	49.07	47.00	49.07	47.00	1.483 times
11 Tue Jun 2024	44.61	46.50	46.50	44.26	0.096 times
10 Mon Jun 2024	45.00	43.50	45.00	43.50	0.045 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.9, but if it comes below 54.9, then a intra day sell could be more profitable.
If you take a sell trade below 54.9, then use 54.9 as stoploss and 48.35 as target. However if you take a buy trade in stock , then use 54.9 as stoploss and 62.8 as target.

Share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Target	37.26
Downside Target	39.62
Downside Target	40.66
Downside Target	42.10
Downside Target	43.50
Downside Target	45.43
Downside Target	50.36
Downside Target	53.42
Downside Target	53.97
Upside Target	56.23
Upside Target	60.99
Upside Target	62.32

Intraday share price targets for Margo Fin (MargoFin)

Target Type	Value
Downside Intraday Target	54.14
Downside Intraday Target	52.37
Upside Intraday Target	56.95
Upside Intraday Target	57.99
Downside Intraday Target	55.18

Weekly technical analysis of Margo Fin (MargoFin)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	55.90	56.23	56.23	53.42	0.011 times
21 Fri Jun 2024	55.90	62.30	62.32	53.42	2.563 times
14 Fri Jun 2024	53.97	43.50	53.97	43.50	5.453 times
07 Fri Jun 2024	42.54	40.84	46.22	40.84	0.567 times
31 Fri May 2024	41.93	44.50	45.43	40.66	1.839 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Margo Fin (MargoFin)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	55.90	40.84	62.32	40.84	2.971 times
31 Fri May 2024	41.93	40.00	45.47	39.62	0.904 times
30 Tue Apr 2024	40.74	38.97	43.79	37.99	1.141 times
28 Thu Mar 2024	37.58	48.49	50.36	37.26	0.175 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Margo Fin (MargoFin)

Price action analysis of Margo Fin ( (MargoFin) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Margo Fin ( (MargoFin) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Margo Fin ( (MargoFin) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Margo Fin ( (MargoFin) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Margo Fin stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Margo Fin in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Margo Fin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Margo Fin in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Margo Fin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.12 and Margo Fin (MargoFin) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Margo Fin (MargoFin) stock. Volume based technical analysis of Margo Fin (MargoFin) stock is negative.

Margo Fin Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.